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Newport Pagnell House Prices Newport Pagnell House Prices

The average house price in Newport Pagnell is £400,000 using HM Land Registry data.

The average property price increased by £64,352 (22.35%) over the last 5 years and increased by £12,861 (3.79%) over the last 12 months.

Over the last year, there were 198 residential property sales – a decrease of 30 transactions (-15.15%) relative to the previous year. The majority of house sales (65) were in the £242,000 - £314,000 range. Then came properties in the £314,000 - £386,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,000 (-1%).

In April 2024, there were 35 new estate agency instructions, 28 agreed home sales and 11 property price reductions.

Neighbouring Areas: Milton Keynes

Postcodes Covered: MK16

5-Year Average Property Prices in Newport Pagnell

22.35%

Property prices in Newport Pagnell increased by 22.35% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Newport Pagnell Over the Last Year

3.79%

Property prices in Newport Pagnell increased by 3.79% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Newport Pagnell - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Newport Pagnell

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Newport Pagnell

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Newport Pagnell

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Newport Pagnell since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Newport Pagnell area since 1995.

Recent Property Sales in Newport Pagnell

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Linford Avenue, Newport Pagnell, Milton Keynes, MK16 8BY£325,000£325,000£0003 Oct 202312 Feb 2024132 Days
25 Glenwoods, Newport Pagnell, Milton Keynes, MK16 0NA£275,000£270,000-£5,00010 Sep 202309 Feb 2024152 Days
55 Silver Street, Newport Pagnell, Milton Keynes, MK16 0EQ£315,000£305,000-£10,00001 Sep 202318 Jan 2024139 Days
2 Sitwell Close, Newport Pagnell, Milton Keynes, MK16 8QR£380,000£375,000-£5,00014 Jun 202312 Jan 2024212 Days
1 Welland Drive, Newport Pagnell, Milton Keynes, MK16 9DX£375,000£370,000-£5,00024 Aug 202315 Dec 2023113 Days
23 Dulwich Close, Newport Pagnell, Milton Keynes, MK16 0PA£415,000£410,000-£5,00021 Aug 202301 Dec 2023102 Days
3 Annesley Road, Newport Pagnell, Milton Keynes, MK16 0BT£350,000£320,000-£30,00013 Sep 202330 Nov 202378 Days
18 Whitethorns, Newport Pagnell, Milton Keynes, MK16 0AY£315,000£310,000-£5,00021 Jul 202324 Nov 2023126 Days
7 Alexandra Drive, Newport Pagnell, Milton Keynes, MK16 0ES£415,000£387,000-£28,00003 Jul 202323 Nov 2023143 Days
11 Browning Close, Newport Pagnell, Milton Keynes, MK16 8PJ£395,000£372,500-£22,50017 Aug 202317 Nov 202392 Days
15 Linford Avenue, Newport Pagnell, Milton Keynes, MK16 8DD£325,000£317,000-£8,00013 Jun 202317 Nov 2023157 Days
11 Lawnsmead Gardens, Newport Pagnell, Milton Keynes, MK16 8AY£145,000£132,500-£12,50011 Apr 202315 Nov 2023218 Days
12 Fox Gate, Newport Pagnell, Milton Keynes, MK16 8BJ£325,000£325,000£0021 Jul 202313 Nov 2023115 Days
31 Greenwich Gardens, Newport Pagnell, Milton Keynes, MK16 0NP£260,000£255,000-£5,00004 Aug 202313 Nov 2023101 Days
20 Goldsmith Drive, Newport Pagnell, Milton Keynes, MK16 8RS£315,000£300,000-£15,00005 Jan 202307 Nov 2023306 Days
52 Silver Street, Newport Pagnell, Milton Keynes, MK16 0EN£280,000£265,000-£15,00020 Jun 202327 Oct 2023129 Days
92 High Street, Newport Pagnell, Milton Keynes, MK16 8EH£975,000£805,000-£170,00012 May 202216 Oct 2023522 Days
29 Eliot Close, Newport Pagnell, Milton Keynes, MK16 8QS£765,000£755,000-£10,00007 Jul 202313 Oct 202398 Days
7 Browning Close, Newport Pagnell, Milton Keynes, MK16 8PJ£500,000£500,000£0026 Jul 202313 Oct 202379 Days
25 Broad Street, Newport Pagnell, Milton Keynes, MK16 0AN£260,000£245,000-£15,00011 Jul 202306 Oct 202387 Days

Most Expensive Streets in Newport Pagnell

PostcodeStreetAreaAverageNo. of Sales
MK16 8EHHigh StreetNewport Pagnell£728,3333
MK16 0LYTabard GardensNewport Pagnell£623,3333
MK16 8JGWolverton RoadNewport Pagnell£618,7504
MK16 0LXTabard GardensNewport Pagnell£571,5004
MK16 8BEHill ViewNewport Pagnell£537,3758
MK16 8JQWolverton RoadNewport Pagnell£535,0005
MK16 8HTLakes LaneNewport Pagnell£532,0005
MK16 9DADove CloseNewport Pagnell£512,5003
MK16 0JPRanelagh GardensNewport Pagnell£508,6258
MK16 8JEPark AvenueNewport Pagnell£500,1005

Least Expensive Streets in Newport Pagnell

PostcodeStreetAreaAverageNo. of Sales
MK16 9FENorth Crawley RoadNewport Pagnell£99,3333
MK16 0JLRuskin CourtNewport Pagnell£149,36118
MK16 8AYLawnsmead GardensNewport Pagnell£155,48521
MK16 9FDAddenbrookes RoadNewport Pagnell£158,57922
MK16 8AQHigh StreetNewport Pagnell£170,3336
MK16 9BQIronbridge WorksTickford Street, Newport Pagnell£173,0836
MK16 0JFPetersham CloseNewport Pagnell£197,3333
MK16 9ALPriory StreetNewport Pagnell£197,5004
MK16 0EPSilver StreetNewport Pagnell£199,3754
MK16 0JYGreen Farm RoadNewport Pagnell£199,5004

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